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International Workplace Group Redeems GBP136 Million of Convertible Bond Due 2027

MT Newswires·12/09/2025 03:50:44
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03:50 AM EST, 12/09/2025 (MT Newswires) -- International Workplace Group (IWG.L) said Tuesday it partially redeemed 136 million pounds sterling of IWG International Holdings' 350 million-pound 0.5% convertible bond due 2027. The hybrid workspace platform noted that the bonds were redeemed at par and the transaction is funded from the existing liquidity, following the exercise by certain bondholders. Following the partial redemption, 4 million pounds remain outstanding.